Fact sheet: Union Short Term Credit Invest

Fund information
Fund name
Union Short Term Credit Invest
Fund manager company
Union Investment
Fund type
No data available.
Fund manager
No data available.
Fund objective
No data available.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.2%
1 Year rank in sector
3/7
Sector
FO Fixed Int - Other Single Short/Med Mat
Yield
-
Fund size
£638m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
67
Top in this sector
Fund name1 Year
UBS (L)MTBd-AUD2.4%
Nordea 1 Norwegian Krnr Res1.9%
Union Short Term Credit Invest1.2%
Nordea 1 Swedish Kroner Res0.3%
UBS (L)MTBd-CHF-0.3%
...more in FO Fixed Int - Other Single Short/Med Mat

Performance snapshot

Holdings snapshot

  • Ireland16.9%
    Cayman Islands14.8%
    Italy11.6%
    UK11.6%
    Spain8.9%
  • Others74%
    Banks7.6%
    Automotive3.4%
    Fixed Interest Deposit3.2%
    Food, Beverages and Tobacco1.6%
  • Irish Fixed Interest16.9%
    American Emerging Fixed Interest14.8%
    Italian Fixed Interest11.6%
    UK Fixed Interest11.6%
    Spanish Fixed Interest8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.5%0.9%1.2%3%13.6%
Sector-0.1%-0.2%0.1%0.5%2.4%5.4%
Rank within sector1 / 71 / 71 / 73 / 73 / 72 / 7
Quartile1st1st1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund1.2%0.6%1.1%3%6.9%
Sector0.6%0.4%1.5%0.5%2.4%
Rank within sector3 / 72 / 73 / 71 / 71 / 7
Quartile2nd2nd2nd1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.69
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.4
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
1.09
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.12
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.19
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.04
Price movement
52 week high45.94
52 week low45.35
Current bid price45.83
Current offer price46.29
Current mid price-
Region
1Ireland16.87%
2Cayman Islands14.76%
3Italy11.62%
4UK11.56%
5Spain8.87%
6Netherlands6.91%
7USA6.76%
8Money Market4.02%
9France4.01%
Industry sector
1Others74.01%
2Banks7.63%
3Automotive3.35%
4Fixed Interest Deposit3.2%
5Food, Beverages and Tobacco1.6%
6Real Estate1.36%
7Government Bonds1.13%
8Mutual Funds1.11%
9Hardware1%
Asset type
1Irish Fixed Interest16.87%
2American Emerging Fixed Interest14.8%
3Italian Fixed Interest11.62%
4UK Fixed Interest11.56%
5Spanish Fixed Interest8.87%
6Dutch Fixed Interest6.91%
7US Fixed Interest6.76%
8Money Market4.02%
9French Fixed Interest4.01%
Individual holdings
1ATLANTES SME ATLSM 41.48%
2TITULIZACION DE ACTIVOS FRN 22/09/46 EUR100000 SER`23`CLS`A`1.18%
3TAURUS 2015-1 IT S.R.L. 0% MTG BDS 18/02/27 EUR1000001.13%
4UNIINSTITUTIONAL EURO RESERVE PLUS1.11%
5JFIN REVOLVER CLO 2015 LTD SEC DEF FRN 20/04/23 USD C1.1%
6DECO SER 2014-GNDL A COMMERCIAL MTG BKD NTS 22/02/26 EUR B1.05%
7ALME LOAN FUNDING II DAC SENIOR SEC DEF FRN 15/08/27 EUR B1.04%
8CAIRN CLO V BV VOTING SNR SEC FRN 20/07/28 EUR C1.04%
9PYME 3.728% FRN 28/01/40 EUR100000 SER `A2`1.01%
Management
Fund manager group
No data available.
Fund manager company
Union Investment
Fund type
No data available.
Fund objective
No data available.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Luxembourg, Offshore
Union Short Term Credit Invest
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price45.83
Offer price46.29
Mid price-
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeX984
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.